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Infinity Natural Resources Increases Borrowing Base Under Its Credit Facility

April 01, 2025 at 07:00 AM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Infinity Natural Resources, Inc. (“Infinity” or the “Company”) (NYSE: INR) announced today that its lenders increased the borrowing base under the Company’s credit agreement from $325 million to $350 million. This increase resulted from the regularly scheduled borrowing base redetermination and was supported by each of the lenders of the Company’s credit facility.

As of February 28, 2025, the Company had $2.4 million of borrowings outstanding under its credit facility, providing $347.6 million of unused capacity on the increased borrowing base of $350 million.

About Infinity

Infinity (NYSE: INR) is a growth oriented, free cash flow generating, independent energy company focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin. Our operations are focused on the volatile oil window of the Utica Shale in eastern Ohio as well as our stacked dry gas assets in both the Marcellus and Utica Shales in southwestern Pennsylvania.

Source: Infinity Natural Resources, Inc.